China still a big draw for top U.S. companies

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2021-03-10 09:22:45China Daily
Editor : Li Yan
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The Lujiazui area of Shanghai has developed into a financial hub during the past three decades. [Photo by Wang Gang/for China Daily]
Businesses bullish on growing profits and operations, says AmCham survey
Despite lingering uncertainties about the COVID-19 pandemic, nearly 75 percent of the companies from the United States remain optimistic on expanding their operations and earning profits in China over the next two years, the American Chamber of Commerce in China said on Tuesday.
Though the growth rates of many U.S. companies had slowed due to the pandemic and the China-U.S. economic and trade tensions, nearly 26 percent of the AmCham members reported higher earnings before interest and tax margins in China vis-a-vis their global operations, according to the chamber's annual business climate survey.

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